Job Description
Job Summary:
Seeking a detail-oriented and organized Stock Control Accountant Inventory. The primary responsibility of this role is to manage and maintain accurate inventory records, monitor stock levels, and ensure efficient stock control processes between system and store and accounting for cash shortage.
Responsibilities and Tasks:
Key responsibilities of a Stock Control Accountant may include:
- Maintain accurate inventory records and update stock levels in the system
- Monitor stock movements and conduct regular stock counts
- Analyze inventory data to identify trends and discrepancies
- Coordinate with HR teams to ensure that there is no cash shortage between the system and store.
- Implement and maintain stock control procedures to minimize losses and improve efficiency
- Prepare regular reports on inventory levels, stock movements, and variances
- Assist in the preparation of annual budgets and forecasts for inventory management
- Collaborate with other departments to optimize inventory management processes
- Follow up and record all warehouse movements on the accounting system in a timely manner according to fully signed supporting documents.
- Ensure that the warehouse’s receipts of purchased goods are consistent with approved purchase orders, shipping permits, and customs release.
- Conduct periodic inventory, surprise inventory, and sample inventory of the warehouse and showrooms located within the geographical scope of the store, and monitor and analyze differences.
- Preparing and reviewing the replacement and settlement of the permanent covenant and temporary covenant approved for the store and completing the supporting documents and submitting them for disbursement within the framework of the approved financial policies.
- Submitting reports on non-moving, slow-moving, obsolete, stagnant and damaged items.
- Preparing the daily and periodic reports required of him on the warehouse’s movements for the financial management
- Coordinating with the Purchasing and Warehouses Department and ensuring that the required goods are supplied to the different locations according to the approved request and that delivery documents for all goods are completed.
- Maintain organized files for all warehouse movements for easy access for review purposes.
- Providing any suggestions to develop the work in the department to management
- Any other tasks assigned according to the work need.
Skills
Qualifications and Requirements:
- Bachelor's degree in Accounting, Finance, or a related field. A professional certification (e.g., CPA, CMA) is preferred.
- Proven experience as an Accounts Payable Specialist or similar role, with at least 4 years of experience in a same position, for Retail industry at least 4 years
- Strong knowledge of accounts payable principles, practices, and procedures.
- Proficiency in accounting software and ERP systems (e.g., SAP, Oracle Fusion, QuickBooks).
- Excellent analytical skills and attention to detail (MS, especially Excel.)
- Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines.
- Effective communication and interpersonal skills to collaborate with cross-functional teams and maintain vendor relationships.
- Sound knowledge of financial regulations, including tax laws and GAAP.
- Ability to work independently and in a team-oriented environment.
- Ensure compliance with relevant accounting standards (e.g., GAAP, IFRS) and regulatory requirements.
- Monitor and analyze financial data to identify trends, variances, and areas of improvement.
- Speaking and writing English and Arabic languages.
Preferred Candidate
Years of Experience
Min: 2 Max: 4
Residence Location
Saudi Arabia
Degree
Bachelor's degree / higher diploma
